The UK fintech company and neobank Revolut announced the launch of its services in New Zealand as part of its program to expand its geographic coverage.
"For the first time ever, New Zealand residents will get access to Revolut’s seamless, safe, and secure money app that enables them to affordably hold, send, and spend in multiple currencies locally and when traveling, as well as save, track, and manage all of their finances in one digital location," the company said on its website.
The bank said it already has more than 26,000 New Zealand clients who joined during the 12-month trial period.
"We are incredibly excited to be launching Revolut in New Zealand to enable Kiwis a seamless and affordable global money management experience, secure budgeting and analytics features, and advanced physical and digital card control capabilities in one seamless location," said Matt Baxby, CEO of Revolut Australia and New Zealand.
"We are excited to not only empower Kiwis with greater financial well-being, control, convenience, and transparency but also increase consumer choice and drive competition across the financial services sector in New Zealand," he added.
We previously wrote that Revolut delisted some tokens in the U.S.
